Curated News
By: NewsRamp Editorial Staff
September 02, 2025
PowerBank Advances NY Solar Project, Boosting Community Renewable Energy Access
TLDR
- PowerBank's Day Hollow solar project offers subscribers bill credits at US$0.0971/kWh, providing cost savings without equipment investment.
- PowerBank secured site control for a 2.8 MW ground-mount solar project in New York, progressing to interconnection studies under VDER program.
- This community solar initiative helps New York achieve its 6 GW solar target, making clean energy accessible to renters and homeowners.
- PowerBank develops solar projects that allow subscribers to receive bill credits without installing any on-site equipment.
Impact - Why it Matters
This development matters because it accelerates the transition to clean energy while making renewable power more accessible and affordable for everyday consumers. Community solar projects like Day Hollow enable renters and homeowners without suitable rooftops to participate in the solar revolution, receiving direct bill credits while supporting local clean energy generation. As climate change concerns grow and energy costs remain volatile, such initiatives provide practical solutions that benefit both the environment and household budgets. The project's progression also demonstrates the tangible implementation of state climate goals, showing how policy targets translate into real-world infrastructure that creates jobs, reduces carbon emissions, and strengthens energy security for communities across New York.
Summary
PowerBank Corporation (NASDAQ: SUUN), a leading North American renewable energy infrastructure developer, has announced a significant milestone for its 2.8 MW Day Hollow solar project in upstate New York. The company has secured site control for this community solar initiative, enabling progression to the interconnection study phase. This development positions the project to qualify under New York's Value of Distributed Energy Resources (VDER) program at an estimated first-year average rate of US$0.0971/kWh, making clean energy more accessible and affordable for local residents and businesses.
The Day Hollow project represents a crucial step in New York's renewable energy transition, designed as a community solar initiative that allows renters, businesses, and homeowners to subscribe and receive bill credits without requiring on-site equipment. This approach directly supports New York's Climate Leadership and Community Protection Act target of achieving 6 GW of solar capacity by 2025. PowerBank Corporation, which focuses on distributed and community solar projects across Canada and the USA, has developed renewable energy projects with a combined capacity of over 100 megawatts and maintains a potential development pipeline exceeding one gigawatt, solidifying its position as a key player in the North American clean energy sector.
This announcement, disseminated through NEWMEDIAWIRE, highlights PowerBank's ongoing commitment to expanding renewable energy infrastructure while providing tangible benefits to local communities. The project's progression through the interconnection study phase marks a critical step toward bringing additional clean energy capacity online, contributing to grid stability and environmental sustainability goals. Readers can learn more about PowerBank's initiatives by visiting their official website or viewing the full press release for comprehensive details about this exciting development in renewable energy infrastructure.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, PowerBank Advances NY Solar Project, Boosting Community Renewable Energy Access
